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Liberal Media Slobbers Over Nasdaq’s WOKE Board Diversity Rule
NewsBusters ^ | 12/2/2020 | Joseph Vazquez

Posted on 12/02/2020 11:56:48 AM PST by JV3MRC

The woke “capitalists” at the Nasdaq stock exchange are pushing to force its listed companies to adopt leftist identity politics. And the liberal media is salivating all over it.

Nasdaq recently filed a proposal with the U.S. Securities and Exchange Commission (SEC) pushing for mandatory racial and sexual diversity rules for its listed companies’ boards of directors. The new rules, if adopted, “would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors,” according to Nasdaq.

Additionally, the rules would require the companies to “have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+.” Multiple outlets not only pushed the story, but added their own additions of leftist insanity to boost the narrative.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: gaynewsrooms; identitypolitics; lavendermafia; lgbtq; liberalmedia; nasdaq; pinkjournalism; stockmarket
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1 posted on 12/02/2020 11:56:48 AM PST by JV3MRC
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To: JV3MRC

This is specifically anti-white

Wonder if whites will ever push back?


2 posted on 12/02/2020 11:58:32 AM PST by Altura Ct.
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To: Altura Ct.

Or you mean pro-tech companies. Tech companies tend to have very diverse demographics, especially at Google.


3 posted on 12/02/2020 12:01:02 PM PST by RayChuang88 (FairTax: America's Economic Cure)
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To: JV3MRC

This is the height of insanity. I am going to self declare as a butch lesbian trapped in a man’s body and dare anyone to exclude me as a protected class.


4 posted on 12/02/2020 12:04:57 PM PST by wildcard_redneck (COVID lockdowns are the Establishment's attack on the middle class and our Republic)
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To: JV3MRC
Skip the merit, as long as you are a black female or sexually dysfunctional you are qualified.

Boggles the Mind.

5 posted on 12/02/2020 12:08:23 PM PST by Tommy Revolts
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To: JV3MRC

Black lesbians are a trifecta. They will rule the world.


6 posted on 12/02/2020 12:14:04 PM PST by joshua c (President Elect joshua_c. Hey if Joe can do it.)
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To: JV3MRC
AP board of directors. Why is the minority guy at the back? Raciss? Spot the LBGTQIA+-~?


7 posted on 12/02/2020 12:18:33 PM PST by Riflema
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To: JV3MRC
Additionally, the rules would require the companies to "have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+."

Nothing easier than that!

Possible explanations might include:

1. "Worldwide, White males ARE a minority!"

2. "Here in southern California, White males ARE a minority!"

3. "We, a software company, do in fact have LOTS of "POCs" on our Board of Directors! Heck, most of them were born in either Taiwan or India!"

4. "We couldn't find any women, POCs, or trannies who were at least equally qualified to fill the positions!"

5. "Well, actually, all of our White male executives recently discovered that they were actually Lesbians trapped in male bodies!"

Regards,

8 posted on 12/02/2020 12:19:08 PM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: JV3MRC

Institutionalized incompetence and racism.


9 posted on 12/02/2020 12:22:43 PM PST by Noumenon ("Only the dead have seen an end to war." - Plato)
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To: alexander_busek

“they were actually Lesbians trapped in male bodies!”’

Good point. If I were a director I might state that I wasn’t sure what I was. Who can argue with that? Voila problem solved.

Kinda like having one set of financial numbers for the IRS and another for the annual report.


10 posted on 12/02/2020 12:24:20 PM PST by cymbeline
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To: JV3MRC

They can’t dictate who is on a corporate board any more than they can dictate what you eat for supper. Lawsuit.


11 posted on 12/02/2020 12:25:21 PM PST by Midwesterner53
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To: Midwesterner53

“...They can’t dictate who is on a corporate board any more than they can dictate what you eat for supper. Lawsuit....”

Exactly.
Not their charter, not their job.


12 posted on 12/02/2020 12:38:31 PM PST by lgjhn23 (Libs are a virus.....the DemoVirus!!)
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To: Riflema

They have a Hobbit on the board!


13 posted on 12/02/2020 12:44:04 PM PST by 100%FEDUP (I'm seeing RED!)
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To: lgjhn23

What about foreign companies listed on the nasdaq?


14 posted on 12/02/2020 12:49:35 PM PST by Raceway
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To: RayChuang88

> Tech companies tend to have very diverse demographics, especially at Google.

Not really, especially since Asian males are apparently considered “White” nowadays...


15 posted on 12/02/2020 12:54:50 PM PST by shaven_llama
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To: JV3MRC

That’s f’n crazy. That is over the rainbow, legendarily insane. And evil. Pissants.


16 posted on 12/02/2020 1:07:38 PM PST by Churchjack
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To: JV3MRC
"Additionally, the rules would require the companies to “have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+.”"

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RuPaul's Drag Race' reveals season 12's new queens

17 posted on 12/02/2020 1:12:06 PM PST by ETL (REAL Russia collusion! DEMOCRAT-Russia collusion!! Click ETL...)
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To: 100%FEDUP

Yikes they do! So they’re all set on the LGBTH front.


18 posted on 12/02/2020 1:12:43 PM PST by Riflema
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To: JV3MRC

The left has gone all in promoting actual systemic and institutional racism.


19 posted on 12/02/2020 1:14:13 PM PST by FenwickBabbitt
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To: JV3MRC

This is illegal. Even Affirmative Action was premised on getting minority candidates interviewed, but the best was supposed to be hired.


20 posted on 12/02/2020 1:19:25 PM PST by aimhigh (THIS is His commandment . . . . 1 John 3:23)
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